March 25, 2019 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Monday closed the first trading session of the week in red, losing 0.31 percent on losses across most sectors to 31,042.32basis points compared to 0.82 percent gain recorded previously, as Year-to-Date (YTD) returns stands at a negative […]
Investors Bite
Market Update: Nigerian Stocks Inch Down -0.15% on Losses
March 25, 2019/InvestmentOne Update ASI as at 12.00pm: -0.15%. Market movers: ACADEMY (-8.33%), DANGFLOUR (-5.60%), REDSTAREX (+10.00%), UPL (+8.11%). Sector Performances: Industrial (-1.49%), Banking (-0.52%), Oil & Gas (-0.23%) and Consumer Goods (-0.18%). Market activity: In today’s early trade, while total volume declined by 26%, total value increased by […]
CMC Advocates Dematerialization of Shares of Unlisted Companies
March 24, 2019/SEC Given the success recorded by the dematerialization of shares of listed companies in the capital market, the Capital Market Committee, CMC, is advocating that the exercise be extended to shares of unlisted companies. This was part of the deliberations at the Q1 CMC meeting held in Lagos […]
